The invention relates to a 
bonding alloy wire and a production technology thereof. The 
bonding alloy wire comprises: a base material and a 
coating plated on a base material surface. The base material is a silver material with a total purity which is greater than or equal to 99.9% and the silver material is added with 
alloy elements: Ca, Pd and Au. The 
coating is gold. The production technology ofthe 
bonding alloy wire comprises the following steps: 1) 
casting the base material formed by the silver and the 
alloy elements; 2) performing a large 
wire drawing to the base material after the fusion 
casting; 3) plating the gold on the surface of the base material after the large 
wire drawing; 4) performing 
wire drawing to the base material whose surface is plated with the gold; 5) performing anannealing process to the gold-plated base material after the wire drawing so as to obtain a needed gold bonding wire. In the invention, the high pure silver material is used as a base, the 
alloy elements are added and the silver material surface is plated with the gold so that costs can be greatly reduced. An electrical 
conductivity of the bonding alloy wire whose wire 
diameter is the same with the wire 
diameter of the traditional gold bonding wire is higher than the electrical 
conductivity of the traditional gold bonding wire. The bonding alloy wire of the invention is suitable for an 
integrated circuit, large-scale 
integrated circuit miniaturization packaging, a discrete device and 
LED packaging. The production technology of the bonding alloy wire is convenient and practical.